Post Utme Babcock University 2025 Commerce Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2025 Commerce Objective / Multiple Choice
Question 24 POST_UTME_BABCOCK_UNIVERSITY • 2025 • COMMERCE • objective

A warehouse's inventory management system uses a first-in, first-out (FIFO) method to track inventory levels. Which of the following is a benefit of using a FIFO method?

Answer Options

Correct Answer A. It ensures that the oldest inventory is sold first.
B. It ensures that the newest inventory is sold first.
C. It reduces the risk of inventory obsolescence.
D. It increases the risk of inventory obsolescence.
Correct Answer
A
Correct Option:
It ensures that the oldest inventory is sold first.

About This Question

This is Post Utme Babcock University 2025 Commerce Question 24. It is one of the objective questions from the 2025 Post Utme Babcock University Commerce examination.

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